United Bank

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), United Bank reported 116 stock positions worth $261.3 million. Its top holding was Nvidia (NVDA) at 4.0% of the portfolio, followed by Microsoft (MSFT, 3.9%) and NT HY Val-SCRD BD ETF (HYGV, 3.7%). Compared with Q1 2025, it opened 7 new positions, sold out of 4, added to 54 and reduced 38. The biggest buy was Meta Platforms Class A (META, shares +14%) and the biggest sale NT HY Val-SCRD BD ETF (HYGV, shares −28%).

Most Recent 13F
Q2 2026
Location
Zebulon, GA
CIK
0001697791
Portfolio Value
$261.3M (Q2 2025)
SEC Filing
0001420506-25-001605 ↗ filed Jul 29, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $196.7M Q1 2024 Q2 2024: $200.4M Q2 2024 Q3 2024: $216.8M Q3 2024 Q4 2024: $236.7M Q4 2024 Q1 2025: $242.0M Q1 2025 Q2 2025: $261.3M $261.3M Q2 2025 Q3 2025: $287.8M Q3 2025 Q4 2025: $294.9M Q4 2025 Q1 2026: $300.6M Q1 2026 Q2 2026: $328.9M Q2 2026

Holdings 116 stocks · $261.3M
NVDA Nvidia Corp. 4.03% 66,696 $10.5M Reduce -7.2%
MSFT Microsoft Corp. 3.88% 20,390 $10.1M Reduce -4.1%
HYGV NT HY Val-SCRD BD ETF 3.65% 232,754 $9.5M Reduce -27.7%
AAPL Apple Inc. 3.59% 45,732 $9.4M Add +12.0%
XLK SS Technology Select Sector 3.54% 36,548 $9.3M Add +1.9%
NFRA NT GLBL BRD Infra ETF 3.30% 139,469 $8.6M Reduce -8.5%
GOOGL Alphabet Inc. Class A 3.25% 48,204 $8.5M Add +6.9%
AMZN Amazon.com Inc. 3.12% 37,116 $8.1M Add +5.3%
JPM JPMorgan Chase & Co. 3.11% 28,014 $8.1M Add +5.2%
GUNR NT Mstar GLBL NR ETF 2.65% 172,393 $6.9M Add +7.8%
KO The Coca-Cola Co. 2.47% 91,201 $6.5M Add +9.5%
COST Costco Wholesale Corp. 2.21% 5,846 $5.8M Add +4.2%
IVW iShares S&P 500 Growth ETF 2.19% 52,096 $5.7M Add +4.6%
SCHD Schwab US DVD Equity ETF 1.98% 195,713 $5.2M Add +5.0%
SO The Southern Co. 1.97% 55,974 $5.1M Reduce -0.0%
META Meta Platforms Inc. Class A 1.94% 6,860 $5.1M Add +13.6%
IJH iShares Core S&P Midcap ETF 1.80% 75,964 $4.7M Add +3.4%
VNQ Vanguard Real Estate ETF 1.65% 48,454 $4.3M Reduce -27.8%
MA Mastercard Inc. Class A 1.52% 7,074 $4.0M Reduce -1.2%
ABT Abbott Laboratories 1.51% 29,004 $3.9M Add +7.4%
VTV Vanguard Mrngstr Val ETF-Aui 1.45% 21,435 $3.8M Add +1.8%
IJR iShares Core S&P Small-Cap E 1.37% 32,876 $3.6M Add +4.8%
ORCL Oracle Corp. 1.26% 15,038 $3.3M Add +6.8%
QLV NT US Qual Lowvol ETF 1.21% 46,419 $3.2M Reduce -0.3%
XLE SS Energy Select Sector 1.16% 35,838 $3.0M Reduce -6.2%
TFC Truist Financial Corp. 1.14% 69,548 $3.0M Reduce -22.9%
PANW Palo Alto Networks Inc. 1.12% 14,355 $2.9M Reduce -5.5%
CRM Salesforce Inc. 1.06% 10,198 $2.8M Add +5.2%
NSC Norfolk Southern Corp. 1.03% 10,539 $2.7M Reduce -2.9%
LOW Lowe's Cos Inc. 1.03% 12,124 $2.7M Add +1.3%
BRK.B Berkshire Hathaway Inc. Class B 1.00% 5,401 $2.6M Add +2.4%
XLV SS Health Care Select Sector 0.99% 19,110 $2.6M Add +11.6%
PG The Procter & Gamble Co. 0.95% 15,512 $2.5M Reduce -4.5%
CMG Chipotle Mexican Grill Inc. 0.91% 42,504 $2.4M Reduce -9.6%
MCD McDonald's Corp. 0.91% 8,102 $2.4M Add +6.0%
XOM Exxon Mobil Corp. 0.90% 21,821 $2.4M Add +2.8%
GD General Dynamics Corp. 0.88% 7,899 $2.3M Reduce -0.1%
LLY Eli Lilly & Co. 0.85% 2,863 $2.2M No change
HON Honeywell International Inc. 0.82% 9,243 $2.2M Reduce -4.7%
COR Cencora Inc. 0.81% 7,032 $2.1M Add +4.5%
CSCO Cisco Systems Inc. 0.78% 29,231 $2.0M Reduce -2.6%
BX Blackstone Inc. 0.77% 13,528 $2.0M Add +14.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.77% 16,298 $2.0M Add +7.6%
ICE Intercontinental Exchange Inc. 0.76% 10,841 $2.0M Reduce -15.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.73% 15,384 $1.9M Reduce -3.6%
AMD Advanced Micro Devices 0.72% 13,255 $1.9M Add +22.0%
JNJ Johnson & Johnson 0.72% 12,310 $1.9M Add +32.7%
MDLZ Mondelez International Inc. Class A 0.68% 26,263 $1.8M Add +13.2%
CVX Chevron Corp. 0.61% 11,079 $1.6M Add +7.7%
CAT Caterpillar Inc. 0.61% 4,083 $1.6M Add +108.5%
HD Home Depot Inc. 0.61% 4,317 $1.6M Reduce -14.1%
NOW ServiceNow Inc. 0.60% 1,519 $1.6M Add +15.5%
CMCSA Comcast Corp. Class A 0.58% 42,216 $1.5M Add +11.3%
ADI Analog Devices Inc. 0.58% 6,323 $1.5M Add +0.3%
RTX RTX Corp. 0.57% 10,202 $1.5M Add +68.0%
SCHW Schwab (charles) Corp. 0.56% 16,053 $1.5M Add +7.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.56% 4,956 $1.5M Reduce -5.8%
ADBE Adobe Inc. 0.56% 3,773 $1.5M Add +12.8%
AMT American Tower Corp. 0.55% 6,488 $1.4M Add +12.7%
PFE Pfizer Inc. 0.54% 58,087 $1.4M Add +12.4%
MRSH Marsh & McLennan Cos 0.53% 6,327 $1.4M Reduce -9.5%
ETN Eaton Corp. PLC 0.53% 3,863 $1.4M Add +24.0%
GSK GSK PLC-Spon ADR 0.52% 35,273 $1.4M Add +9.1%
PYPL PayPal Holdings Inc. 0.49% 17,388 $1.3M Add +40.1%
DD Dupont DE Nemours Inc. 0.49% 18,816 $1.3M Add +14.6%
CARR Carrier Global Corp. 0.48% 16,991 $1.2M Add +41.2%
NKE Nike Inc. Class B 0.46% 17,067 $1.2M Add +11.3%
BMY Bristol-Myers Squibb Co. 0.45% 25,148 $1.2M Add +15.0%
DE Deere & Co. 0.43% 2,186 $1.1M Reduce -8.5%
ACN Accenture PLC Class A 0.42% 3,639 $1.1M Add +49.8%
ZBH Zimmer Biomet Holdings Inc. 0.42% 11,896 $1.1M Add +10.7%
NEE Nextera Energy Inc. 0.41% 15,596 $1.1M Add +2.9%
T AT&T Inc. 0.40% 36,493 $1.1M Reduce -0.9%
C Citigroup Inc. 0.37% 11,415 $972K New
BDX Becton Dickinson and Co. 0.34% 5,149 $887K Add +23.9%
GLD SPDR Gold Shares 0.33% 2,841 $866K No change
QQQ Invesco QQQ Trust Series 1 0.30% 1,403 $774K No change
KKR KKR & Co. Inc. 0.29% 5,777 $769K New
SDY SS SPDR S&P Dividend ETF 0.29% 5,622 $763K Reduce -0.5%
INTU Intuit Inc. 0.28% 932 $734K New
DUK Duke Energy Corp. 0.28% 6,138 $724K Reduce -0.4%
WMT Walmart Inc. 0.27% 7,189 $703K Add +0.6%
IVV iShares Core S&P 500 ETF 0.26% 1,079 $670K No change
XLI SS Industrial Select Sector 0.24% 4,290 $633K Reduce -47.2%
GNR State Street SPDR S&P Global 0.22% 10,668 $579K Reduce -0.7%
BLK BlackRock Inc. 0.21% 525 $551K Reduce -60.8%
TSLA Tesla Inc. 0.18% 1,479 $470K Add +11.9%
CDW CDW Corp. 0.18% 2,587 $462K Reduce -61.0%
V Visa Inc. Class A 0.17% 1,277 $453K Add +0.2%
FDX FedEx Corp. 0.17% 1,918 $436K Reduce -54.3%
PNC PNC Financial Services Group 0.17% 2,317 $432K Reduce -0.6%
ACHR Archer Aviation Inc. Class A 0.16% 39,365 $427K New
IDXX Idexx Laboratories Inc. 0.14% 700 $375K No change
GPN Global Payments Inc. 0.14% 4,444 $356K Reduce -0.3%
VZ Verizon Communications Inc. 0.13% 7,843 $339K Add +11.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 546 $337K No change
FDL First Trust Morn DVD Lead Inc. 0.12% 7,774 $325K Reduce -9.0%
NFLX Netflix Inc. 0.12% 237 $317K Add +0.8%
MCHP Microchip Technology Inc. 0.11% 4,214 $297K Reduce -11.2%
MO Altria Group Inc. 0.11% 4,829 $283K Reduce -59.7%
AGG iShares Core U.S. Aggregate 0.11% 2,789 $277K No change
VOO Vanguard S&P 500 ETF 0.10% 465 $264K New
WFC Wells Fargo & Co. 0.10% 3,294 $264K Reduce -1.9%
ABBV Abbvie Inc. 0.10% 1,399 $260K No change
AFL Aflac Inc. 0.10% 2,424 $256K No change
PM Philip Morris International 0.10% 1,372 $250K No change
RF Regions Financial Corp. 0.09% 10,448 $246K No change
MU Micron Technology Inc. 0.09% 1,914 $236K New
ED Consolidated Edison Inc. 0.08% 2,184 $219K No change
DAL Delta Air Lines Inc. 0.08% 4,397 $216K Reduce -8.0%
PEP Pepsico Inc. 0.08% 1,552 $205K No change
INTC Intel Corp. 0.08% 9,145 $205K New
PMM Franklin Managed Municipal I 0.03% 14,400 $86K No change
AUR Aurora Innovation Inc. 0.03% 13,064 $68K No change
OXSQ Oxford Square Capital Corp. 0.01% 17,518 $39K No change
SENS Senseonics Holdings Inc. 0.00% 24,000 $11K No change

Portfolio Sells Q1 2025 → Q2 2025
HYGV NT HY Val-SCRD BD ETF Reduce -27.7% 3.65% −1.72
VNQ Vanguard Real Estate ETF Reduce -27.8% 1.65% −0.86
TFC Truist Financial Corp. Reduce -22.9% 1.14% −0.39
NFRA NT GLBL BRD Infra ETF Reduce -8.5% 3.30% −0.33
BLK BlackRock Inc. Reduce -60.8% 0.21% −0.31
XLE SS Energy Select Sector Reduce -6.2% 1.16% −0.31
CDW CDW Corp. Reduce -61.0% 0.18% −0.26
FDX FedEx Corp. Reduce -54.3% 0.17% −0.26
XLI SS Industrial Select Sector Reduce -47.2% 0.24% −0.20
PG The Procter & Gamble Co. Reduce -4.5% 0.95% −0.20
MO Altria Group Inc. Reduce -59.7% 0.11% −0.19
MRSH Marsh & McLennan Cos Reduce -9.5% 0.53% −0.18
AVGO Broadcom Inc. Sold out 0.00% −0.16
SO The Southern Co. Reduce -0.0% 1.97% −0.16
HD Home Depot Inc. Reduce -14.1% 0.61% −0.15
ICE Intercontinental Exchange Inc. Reduce -15.6% 0.76% −0.15
XLC SS Comm Select Sector SPDR Sold out 0.00% −0.14
MA Mastercard Inc. Class A Reduce -1.2% 1.52% −0.10
ALL Allstate Corp. Sold out 0.00% −0.08
F Ford Motor Co. Sold out 0.00% −0.07
CMG Chipotle Mexican Grill Inc. Reduce -9.6% 0.91% −0.06
QLV NT US Qual Lowvol ETF Reduce -0.3% 1.21% −0.06
GPN Global Payments Inc. Reduce -0.3% 0.14% −0.04
DE Deere & Co. Reduce -8.5% 0.43% −0.04
DUK Duke Energy Corp. Reduce -0.4% 0.28% −0.03
NSC Norfolk Southern Corp. Reduce -2.9% 1.03% −0.03
FDL First Trust Morn DVD Lead Inc. Reduce -9.0% 0.12% −0.03
T AT&T Inc. Reduce -0.9% 0.40% −0.03
HON Honeywell International Inc. Reduce -4.7% 0.82% −0.03
SDY SS SPDR S&P Dividend ETF Reduce -0.5% 0.29% −0.02
GNR State Street SPDR S&P Global Reduce -0.7% 0.22% −0.01
GD General Dynamics Corp. Reduce -0.1% 0.88% −0.01
PNC PNC Financial Services Group Reduce -0.6% 0.17% −0.00
DAL Delta Air Lines Inc. Reduce -8.0% 0.08% −0.00
WFC Wells Fargo & Co. Reduce -1.9% 0.10% +0.00
CSCO Cisco Systems Inc. Reduce -2.6% 0.78% +0.01
IBM Intl Business Machines Corp. Reduce -5.8% 0.56% +0.02
MCHP Microchip Technology Inc. Reduce -11.2% 0.11% +0.02
PANW Palo Alto Networks Inc. Reduce -5.5% 1.12% +0.05
DIS The Walt Disney Co. Reduce -3.6% 0.73% +0.08
MSFT Microsoft Corp. Reduce -4.1% 3.88% +0.58
NVDA Nvidia Corp. Reduce -7.2% 4.03% +0.81

Portfolio Buys Q1 2025 → Q2 2025
META Meta Platforms Inc. Class A Add +13.6% 1.94% +0.50
XLK SS Technology Select Sector Add +1.9% 3.54% +0.48
ORCL Oracle Corp. Add +6.8% 1.26% +0.44
JPM JPMorgan Chase & Co. Add +5.2% 3.11% +0.41
C Citigroup Inc. New 0.37% +0.37
GOOGL Alphabet Inc. Class A Add +6.9% 3.25% +0.37
AMZN Amazon.com Inc. Add +5.3% 3.12% +0.34
CAT Caterpillar Inc. Add +108.5% 0.61% +0.34
KKR KKR & Co. Inc. New 0.29% +0.29
IVW iShares S&P 500 Growth ETF Add +4.6% 2.19% +0.28
INTU Intuit Inc. New 0.28% +0.28
AMD Advanced Micro Devices Add +22.0% 0.72% +0.26
RTX RTX Corp. Add +68.0% 0.57% +0.24
ETN Eaton Corp. PLC Add +24.0% 0.53% +0.18
NOW ServiceNow Inc. Add +15.5% 0.60% +0.16
ACHR Archer Aviation Inc. Class A New 0.16% +0.16
CARR Carrier Global Corp. Add +41.2% 0.48% +0.16
PYPL PayPal Holdings Inc. Add +40.1% 0.49% +0.16
ACN Accenture PLC Class A Add +49.8% 0.42% +0.10
VOO Vanguard S&P 500 ETF New 0.10% +0.10
BX Blackstone Inc. Add +14.7% 0.77% +0.09
MU Micron Technology Inc. New 0.09% +0.09
JNJ Johnson & Johnson Add +32.7% 0.72% +0.08
GUNR NT Mstar GLBL NR ETF Add +7.8% 2.65% +0.08
INTC Intel Corp. New 0.08% +0.08
SCHW Schwab (charles) Corp. Add +7.1% 0.56% +0.08
NKE Nike Inc. Class B Add +11.3% 0.46% +0.06
ADI Analog Devices Inc. Add +0.3% 0.58% +0.05
TSLA Tesla Inc. Add +11.9% 0.18% +0.04
COR Cencora Inc. Add +4.5% 0.81% +0.03
AMT American Tower Corp. Add +12.7% 0.55% +0.03
NFLX Netflix Inc. Add +0.8% 0.12% +0.03
IJH iShares Core S&P Midcap ETF Add +3.4% 1.80% +0.03
ABT Abbott Laboratories Add +7.4% 1.51% +0.03
ADBE Adobe Inc. Add +12.8% 0.56% +0.03
MDLZ Mondelez International Inc. Class A Add +13.2% 0.68% +0.03
COST Costco Wholesale Corp. Add +4.2% 2.21% +0.02
IJR iShares Core S&P Small-Cap E Add +4.8% 1.37% +0.02
WMT Walmart Inc. Add +0.6% 0.27% +0.01
TJX TJX Companies Inc. Add +7.6% 0.77% +0.01
KO The Coca-Cola Co. Add +9.5% 2.47% +0.00
GSK GSK PLC-Spon ADR Add +9.1% 0.52% +0.00
CMCSA Comcast Corp. Class A Add +11.3% 0.58% −0.00
VZ Verizon Communications Inc. Add +11.4% 0.13% −0.00
PFE Pfizer Inc. Add +12.4% 0.54% −0.00
V Visa Inc. Class A Add +0.2% 0.17% −0.01
CRM Salesforce Inc. Add +5.2% 1.06% −0.01
DD Dupont DE Nemours Inc. Add +14.6% 0.49% −0.01
NEE Nextera Energy Inc. Add +2.9% 0.41% −0.03
XLV SS Health Care Select Sector Add +11.6% 0.99% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 122$328.9MXLK, GOOGL, AAPL, NVDA, NFRA
Q1 2026 124$300.6MGOOGL, AAPL, NFRA, GUNR, NVDA
Q4 2025 124$294.9MGOOGL, AAPL, NVDA, XLK, MSFT
Q3 2025 119$287.8MNVDA, AAPL, GOOGL, XLK, MSFT
Q2 2025 116$261.3MNVDA, MSFT, HYGV, AAPL, XLK
Q1 2025 113$242.0MHYGV, AAPL, NFRA, MSFT, NVDA
Q4 2024 108$236.7MHYGV, AAPL, NVDA, MSFT, GOOGL
Q3 2024 103$216.8MHYGV, AAPL, MSFT, NFRA, NVDA
Q2 2024 94$200.4MHYGV, NVDA, AAPL, GOOGL, MSFT
Q1 2024 95$196.7MHYGV, GUNR, AAPL, NVDA, MSFT